Human Capital: Page 48


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    Brand Power

    To businesses that want to expand internationally, the value of a well-known brand cannot be overestimated. Among global apparel companies, VF Corp. has the advantage of owning not just one or two famous brands but a portfolio of them, ranging from Wrangler and Lee to The North Face, Nautica, Van...

    By Edward Teach • Nov. 15, 2012
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    Finance Execs Win Big Pay by Switching Jobs

    Do you want to make more money? Get a new job.For finance executives, that opportunity may be almost as bountiful these days as in 2006 and 2007, the high-flying days before the financial crisis.Salveson Stetson Group, a boutique executive-recruiting firm, gathered compensation data on 175 senior...

    By Nov. 15, 2012
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    M&A: The Good, the Bad, the Ugly

    Irv Rothman isn’t a particular fan of growth through acquisition. He’d rather build a company organically, like Apple has mostly done.“People buy companies because they’re in a hurry,” says the chief executive officer of Hewlett-Packard Financial Services, a $3 billion, wholly owned subsidiary th...

    By Nov. 14, 2012
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    Don’t Let HR Tell You Who to Hire

    Finance executives may sense that the more they’re involved in hiring and employee-development decisions — as opposed to giving human resources a lot of say — the better those decisions turn out to be. But new research points to a possibility that executives may not be fully aware of just how imp...

    By Nov. 12, 2012
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    Why CFOs Need to Think Vertically

    If you’ve been around for a while (like me), you may remember the tagline Sun Microsystems used in the mid-to-late ’90s to market its thin client, diskless computing devices: “The Network is the Computer.” In many ways Sun did, in fact, provide the computers that powered the early rise of the Int...

    By Timothy Chou • Nov. 12, 2012
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    Finance and the Factory Floor

    It may not be unusual for CFOs of manufacturing companies to have a strong focus on operations. After all, shop-floor efficiencies can play a big role in financial success. But just how strong should that focus be?At Thyssenkrupp Aerospace North America, CFO Doug Penner says he spends at least ha...

    By Nov. 8, 2012
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    CFOs on the Move: Week Ending November 9

    AmeriQuest Business Services has promoted Mark Joyce to the top finance spot. He has been at AmeriQuest since 2006 when the leasing division of AmeriQuest Transportation Services merged with NationaLease, where he was CFO.Dennis Secor has resigned as CFO of retailer Guess Inc., effective December...

    By Joan Urdang • Nov. 8, 2012
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    Obama Win Gets Thumbs-up From U.K. Finance Pros

    LONDON — Relief. That’s the one-word answer that you most commonly encounter when asking finance professionals in the United Kingdom for their reaction to Barack Obama’s reelection.In part that feeling comes from a sense of continuity, in part from alarm about the rhetoric deployed by challenger ...

    By Andrew Sawers • Nov. 7, 2012
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    CFOs on the Move: Week Ending November 2

    Joseph Consolino will become finance chief of insurance holding firm American Financial Group, effective after it files its annual report on Form 10-K for this year. He will take over from Keith Jensen, who is retiring in March. Previously, Consolino was president and CFO of Validus Holdings Ltd....

    By Joan Urdang • Nov. 2, 2012
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    One CFO’s Mantra: Operations Come First

    MIAMI — Ask mostly any CFO, and he or she will tell you that “yes, I’m very involved in operations.” But often such involvement is like having a second, lower-paying job: you can’t afford to divert too much focus away from your top breadwinner.Then there’s Jeff Richard, finance chief at Safety-K...

    By Oct. 31, 2012
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    Alternative Health Benefits: “Like Bringing Your Pet to Work”?

    This is the second of two articles on the role of complementary and alternative medicine in health-benefits plans. The first covered what is likely the most extensive CAM program in Corporate America. This article presents viewpoints from others in the corporate, medical, and insurance communitie...

    By Oct. 31, 2012
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    “A Solution to Our Country’s Big Health-Care Problem”?

    This is the first installment of a two-part series on the role of complementary and alternative medicine (CAM) in health-benefits plans. This article covers what’s likely the most extensive CAM program in Corporate America. Part 2 will present viewpoints from others in the corporate, medical, and...

    By Oct. 30, 2012
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    The Hidden Value in Good Bosses

    The movie Horrible Bosses takes the idea of a bad boss to its extreme. But is there any evidence about how much value good versus bad bosses (meaning middle-management supervisors) actually create? Are supervisors obsolete in an age when leaders and employees constantly connect through their phon...

    By John Boudreau • Oct. 30, 2012
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    CFOs on the Move: Week Ending October 26

    Manufacturer Terex Corp. has announced that finance chief Phil Widman is retiring, but will remain in his post into the first half of next year. A search is under way for his successor.VMware Inc. has named Jonathan Chadwick to head finance, effective November 5. He is a former CFO of Skype and o...

    By Joan Urdang • Oct. 25, 2012
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    Paid FICA Taxes on Severance Pay? Claim a Refund Now

    Editor’s Note: This article is one of three submissions CFO received from attorneys regarding an important court decision on FICA taxes for severance pay. While each reaches similar conclusions, each also contains a unique discussion of the issues involved in the case. Read the other two articles...

    By Jeff Mamorsky • Oct. 23, 2012
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    Many Employers to Get FICA Tax Refund Windfall

    Editor’s Note: this article is one of three submissions CFO received from attorneys regarding an important court decision on FICA taxes for severance pay. While each reaches essentially the same conclusion, each also contains a unique discussion of the issues involved in the case. Read the other ...

    By Andrew Liazos • Oct. 22, 2012
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    Watch Out for Fly-by-Night Health Insurers

    A lawsuit brought by a large not-for-profit organization based on what appears to be fairly straightforward legal issues may nonetheless point to the need for small and midsize companies to be careful about where they get insurance for employee health benefits.International Schools Services (ISS)...

    By Oct. 19, 2012
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    Elections Will Set CFOs Free

    Frank Friedman is CFO and managing partner, finance and administration, for Deloitte LLP.Election season brings with it uncertainty for business leaders, and this fall is no exception. With the makeup of Congress and the White House up for grabs, the last several months have been difficult for ma...

    By Frank Friedman • Oct. 18, 2012
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    CFOs on the Move: Week Ending October 19

    Thor Industries Inc. has announced that CFO and treasurer Christian Farman has resigned. Colleen Zuhl, director of finance at the recreational-vehicle manufacturer, will take over as interim CFO.Allscripts has appointed Richard Poulton as its new finance chief, replacing interim CFO David Morgan....

    By Joan Urdang • Oct. 18, 2012
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    Eight Tips for Assessing Private Health Exchanges

    What factors should employers consider in selecting a private health-insurance exchange? There are several, and if you want to get right to them, scroll down. But first, a digression.Some benefits consultancies, which most companies hire to help with plan design, selection, and compliance, are be...

    By Oct. 16, 2012
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    Are Risk Managers Missing the Boat?

    Lately I’ve talked with two risk management experts who expressed their disappointment in the direction many in risk management have taken—or they might say lack of direction.One risk management and insurance industry expert was explaining that captive insurance companies, corporate subsidiaries ...

    By Caroline McDonald • Oct. 11, 2012
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    CFOs on the Move: Week Ending October 12

    Jim Muehlbauer, who holds the top finance spot at Best Buy Co., is leaving the firm. A search is under way to replace Muehlbauer, who joined the company in 2002.Federal Signal Corp. has named Braden Waverley as its interim CFO. He takes over from Bill Barker, who will become finance chief at Trus...

    By Joan Urdang • Oct. 11, 2012
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    The Boom in Global Talent

    After years of emphasizing worker training and education, emerging markets such as India, China, Brazil, and Eastern Europe now have labor surpluses — and not just of the manufacturing and construction workers whose low wages have attracted outsourcing and driven global expansion for a quarter ce...

    By Bonnie Evans • Oct. 8, 2012
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    Health Reform: The November Issue

    The extreme polarization of American politics means that the national elections in November could have a profound effect on the fate of health-care reform. Much is potentially at stake for the economy, the health of the citizenry, and certainly corporate budgets. Here is what to expect, depending...

    By Oct. 8, 2012
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    The Long and Winding Road

    Forget what they say: Change is easy.But continuous change is hard. That may be why so many finance and procurement executives, even as they push for improvements in financial and administrative processes, believe that they could do more. “There are situations where we feel that we can go further...

    By Josh Hyatt and Matt Surka • Oct. 8, 2012